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  • Essay / The Evils of Consumerism and Free Trade - 1838

    The world as we know it runs on a greedy economy that collapses in favor of corporate manipulation of consumerism. Resources are quickly depleted and governments subject less developed countries to creating an abundance of unnecessary products under slave conditions and wages. Consumerism encourages unethical and environmentally destructive “free trade” through its psychological effect on people, increasing manipulation of consumers. values, such as green consumerism, and the effect of specific laws established to protect these businesses after the Great Depression. The first step to an ethical free trade system is to understand what it means to be an intelligent consumer, a revolution for the ethical policies of governments around the world, and third, to return free trade to its original values ​​when it was first theorized by Adam Smith. is free trade really so terrible? In a free trade system, countries benefit from using their comparative advantage. One example is China's advantage in electronics manufacturing. Currently, China produces more than 90% of all rare earths in the world, but with this advantage, it is able to more efficiently produce electronic components partially derived from rare earths. The efficiency advantage translates to lower prices while allowing China to generate revenue to import valuable resources, such as oil from Russia. However, the downsides of free trade are undoubtedly evident in third world countries. When a company moves its facilities overseas to these countries, it is generally not required to comply with human rights regulations. As a result, companies unethically make ridiculous profits by not having to pay benefits. There is an aspect... middle of paper...... A producer acquires mining companies. " The New York Times. The New York Times, January 3, 2014. Web. April 30, 2014. .Rich, Alex K. English, Marlanda. “Free Trade: An Overview: Free Trade (2013): 1. Reference of Views Center. April 28, 2014. http://www.trade.gov/mas/ian/build/groups/public/@tg_ian/documents/webcontent/tg_ian_005345.pdf Roth, J.D. “The New Way of Becoming.” rich slowly. “Get rich slowly. Getrichslowly.org, June 8, 2011. Web. April 29, 2014. "US election: 40% of Americans won't vote for president." The Inquisitr News. Inquisitr, November 6, 2012. Web. May 06 2014.